Ripple Just Minted 20M RLUSD-What Could Go Wrong?

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In recent hours, Ripple has minted 20 million RLUSD, increasing the Ripple USD stablecoin supply on the Ethereum blockchain. Because nothing says “financial stability” like printing 20 million dollars out of thin air, right? 🤯

According to the Ripple stablecoin tracker, 20,000,000 RLUSD were minted at the RLUSD Treasury while supplying the Ethereum blockchain transaction hash. Let’s just say the blockchain is now more “transactional” than a divorce lawyer’s resume.

This follows recent minting and burn transactions this week on the Ethereum blockchain. On Feb. 25, 1,650,000 RLUSD were burned at the RLUSD Treasury; 5,000,236 RLUSD and 4,758,000 RLUSD were minted at the RLUSD Treasury, all on the Ethereum blockchain. It’s like a crypto version of “hot potato”-except the potato is a dollar bill and the heat is a 10% fee.

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💵💵💵💵💵💵💵 20,000,000 #RLUSD minted at RLUSD Treasury.

– Ripple Stablecoin Tracker (@RL_Tracker) February 27, 2026

According to Ripple Senior Executive Officer and Managing Director, Middle East & Africa, Reece Merrick, Türkiye is leading crypto adoption in MENA and ranking among the highest globally. Because nothing says “economic resilience” like a currency that’s more volatile than a toddler’s bedtime routine.

Given this trend, it is anticipated that stablecoins like RLUSD will play a vital role as a stable USD alternative amid lira volatility, supporting cross-border payments and financial resilience. Because who doesn’t want to trade a crumbling currency for a digital one that’s also backed by… well, nothing?

Merrick indicated that Ripple was already working with a number of financial institutions there and extremely bullish on the continued growth, along with its position on the market across the board. Because nothing says “confidence” like investing in a system where the only thing more abundant than the coins is the hype.

Ripple unveils distributed funding model for XRP Ledger in 2026

Within the last 10 years, Ripple has invested billions of dollars to support the growth of the XRP Ledger and broader digital asset infrastructure. Billions? Oh, that’s just the tip of the iceberg. The real money is in the “ecosystem initiatives”-whatever that means.

Since 2021, these efforts have included hackathons, builder bounties, XRPL Grants and the XRPL Accelerator, supporting nearly 200 projects worldwide across developer infrastructure, payments, DeFi, tokenization, AI, gaming, e-commerce, carbon markets and enterprise financial applications. Because nothing says “innovation” like a blockchain that’s basically a tech fair for startups.

Based on past precedents, much of the XRP Ledger ecosystem funding has flowed through Ripple-supported initiatives such as XRPL Grants. Because why trust the community when you can just hand them a check and call it a “grant”?

While those programs remain important, Ripple stated that 2026 will mark a shift toward a more distributed model, where independent organizations, regional hubs, venture partners and community-led initiatives play a larger role in supporting builders. Translation: “We’re outsourcing the hard work so we can blame someone else if it all crashes.”

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2026-02-27 19:17